Seven Ways AP Can Add Value to an Organization

Following an investment in automation, it’s not unusual for companies to downsize their AP departments. Fewer people are needed for low value-add activities such as scanning and processing invoices. However, there’s an alternative to losing good people. Best practice organizations transition their people to higher-level tasks. Consider the following: Exception processing: Most AP departments spend 80 percent of their time on 20 percent of their invoices. With extra staff capacity, could you…